Lear Corporation reports strong Q2 results
Lear Corporation has reported strong second-quarter 2026 results, with higher sales, earnings and cash flow, alongside continued margin improvement across its Seating and E-Systems businesses. Read More...
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BMW turns to voluntary cuts for 8,000 workers
The German automotive group is set to reduce its global workforce by around 8,000 employees by the end of 2027, as mounting pressure on the automotive industry forces the German manufacturer to accelerate cost-cutting measures. Read More...
BMW Group posts lower Q1 earnings on global pressures
BMW Group has reported lower first-quarter earnings for 2026, despite growth in Europe and significantly improved free cash flow, as higher tariff costs and weaker market conditions in China weighed on performance. Read More...
Positive Lear Q3 results highlight seating
Lear Corporation reported Q3 2025 revenue of US$5.7 billion, up 2% year-on-year, with net income of US$108 million and adjusted net income of US$150 million. Read More...
China drives significant declines for BMW Group in Q3
BMW Group has reported its financial results for the third quarter of the 2024 fiscal year, when group revenues were down 15.7% to €32.4 billion. Read More...
European OEMs issue profit warnings as Chinese demand falls
Alongside Aston Martin, Stellantis and other European OEMs have announced profit warnings amid weak consumer demand for new vehicles. Read More...
Sales fall for BMW Group in Q1
BMW Group has announced its first quarter sales results, with a total of 588,138 units sold worldwide, a drop of 1.5% year-on-year. Read More...
BMW teams up with Meindl for special edition
The X6 M Meindl Edition quietly debuted in the second half of 2022 as a one-of-a-kind vehicle based on the Competition model with an Urban Green paint and deerskin leather interior.
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Renault Group CEO to take over as ACEA President
The European Automobile Manufacturers’ Association (ACEA) has announced Renault Group CEO Luca de Meo as its President for 2023.
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Electric vehicle deliveries double for BMW in 2022 so far
BMW Group has released its results for the financial year so far, to the end of September 2022, doubling 2021’s electric vehicle deliveries.
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